JPM vs. SHW
JPM (JPMorgan Chase & Co.) and SHW (The Sherwin-Williams Company) are both stocks. JPM operates in Banks - Diversified (Financial Services), while SHW operates in Specialty Chemicals (Basic Materials). Over the past 10 years, JPM returned 21.02%/yr vs 13.58%/yr for SHW. At a 0.34 correlation, their price movements are largely independent.
Performance
JPM vs. SHW - Performance Comparison
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Returns By Period
In the year-to-date period, JPM achieves a 0.50% return, which is significantly higher than SHW's -1.61% return. Over the past 10 years, JPM has outperformed SHW with an annualized return of 21.02%, while SHW has yielded a comparatively lower 13.58% annualized return.
JPM
- 1D
- 2.31%
- 1M
- 6.82%
- YTD
- 0.50%
- 6M
- 1.66%
- 1Y
- 21.89%
- 3Y*
- 34.22%
- 5Y*
- 17.82%
- 10Y*
- 21.02%
SHW
- 1D
- 0.13%
- 1M
- 3.85%
- YTD
- -1.61%
- 6M
- -3.00%
- 1Y
- -10.09%
- 3Y*
- 9.64%
- 5Y*
- 3.70%
- 10Y*
- 13.58%
JPM vs. SHW - Yearly Performance Comparison
| 2026 (YTD) | 2025 | 2024 | 2023 | 2022 | 2021 | 2020 | 2019 | 2018 | 2017 | |
|---|---|---|---|---|---|---|---|---|---|---|
JPM JPMorgan Chase & Co. | 0.50% | 37.27% | 44.29% | 30.63% | -12.64% | 27.75% | -5.53% | 47.26% | -6.62% | 26.76% |
SHW The Sherwin-Williams Company | -1.61% | -3.83% | 9.90% | 32.73% | -31.96% | 44.90% | 27.05% | 49.70% | -3.23% | 54.11% |
Correlation
The correlation between JPM and SHW is 0.34, which is low. Their price movements are largely independent, making them effective diversification partners.
| Correlation | |
|---|---|
Correlation (1Y) Calculated over the trailing 1-year period | 0.34 |
Correlation (3Y) Calculated over the trailing 3-year period | 0.36 |
Correlation (5Y) Calculated over the trailing 5-year period | 0.37 |
Correlation (10Y) Calculated over the trailing 10-year period | 0.35 |
Correlation (All Time) Calculated using the full available price history since Jul 1, 1985 | 0.34 |
Fundamentals
JPM:
$896.00B
SHW:
$78.72B
JPM:
$21.08
SHW:
$10.42
JPM:
15.21
SHW:
30.45
JPM:
1.68
SHW:
2.96
JPM:
3.14
SHW:
3.31
JPM:
2.60
SHW:
17.77
JPM:
$285.09B
SHW:
$23.94B
JPM:
$173.52B
SHW:
$11.76B
JPM:
$81.46B
SHW:
$4.29B
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Return for Risk
JPM vs. SHW — Risk / Return Rank
JPM
SHW
JPM vs. SHW - Risk-Adjusted Trends Comparison
This table presents a comparison of risk-adjusted performance metrics for JPMorgan Chase & Co. (JPM) and The Sherwin-Williams Company (SHW). Risk-adjusted metrics are performance indicators that assess an investment's returns in relation to its risk, enabling a more accurate comparison of different investment options.
Values are calculated on a 1-year rolling basis and updated daily. Risk-adjusted metrics are more stable over longer periods — use the period switch above to explore them.
| JPM | SHW | Difference | |
|---|---|---|---|
| Sharpe ratioReturn per unit of total volatility | +1.41 | ||
| Sortino ratioReturn per unit of downside risk | +1.87 | ||
| Omega ratioGain probability vs. loss probability | 1.18 | 0.95 | +0.23 |
| Calmar ratioReturn relative to maximum drawdown | 1.42 | -0.47 | +1.90 |
| Martin ratioReturn relative to average drawdown | 3.36 | -0.99 | +4.34 |
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Drawdowns
JPM vs. SHW - Drawdown Comparison
The maximum JPM drawdown since its inception was -76.16%, which is greater than SHW's maximum drawdown of -52.02%. Use the drawdown chart below to compare losses from any high point for JPM and SHW.
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Drawdown Indicators
| JPM | SHW | Difference | |
|---|---|---|---|
Max DrawdownLargest peak-to-trough decline | -76.16% | -52.02% | -24.14% |
Max Drawdown (1Y)Largest decline over 1 year | -15.47% | -21.36% | +5.89% |
Max Drawdown (3Y)Largest decline over 3 years | -24.42% | -25.69% | +1.27% |
Max Drawdown (5Y)Largest decline over 5 years | -38.77% | -42.46% | +3.69% |
Max Drawdown (10Y)Largest decline over 10 years | -43.63% | -42.46% | -1.17% |
Current DrawdownCurrent decline from peak | -3.66% | -19.53% | +15.87% |
Average DrawdownAverage peak-to-trough decline | -17.62% | -11.63% | -5.99% |
Ulcer IndexDepth and duration of drawdowns from previous peaks | 6.54% | 10.28% | -3.74% |
Volatility
JPM vs. SHW - Volatility Comparison
The current volatility for JPMorgan Chase & Co. (JPM) is 6.35%, while The Sherwin-Williams Company (SHW) has a volatility of 9.00%. This indicates that JPM experiences smaller price fluctuations and is considered to be less risky than SHW based on this measure. The chart below showcases a comparison of their rolling one-month volatility.
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Volatility by Period
| JPM | SHW | Difference | |
|---|---|---|---|
Volatility (1M)Calculated over the trailing 1-month period | 6.35% | 9.00% | -2.65% |
Volatility (6M)Calculated over the trailing 6-month period | 16.67% | 19.26% | -2.59% |
Volatility (1Y)Calculated over the trailing 1-year period | 21.76% | 25.46% | -3.70% |
Volatility (5Y)Calculated over the trailing 5-year period, annualized | 24.46% | 26.27% | -1.81% |
Volatility (10Y)Calculated over the trailing 10-year period, annualized | 27.39% | 26.58% | +0.81% |
Dividends
JPM vs. SHW - Dividend Comparison
JPM's dividend yield for the trailing twelve months is around 1.84%, more than SHW's 1.00% yield.
| Position | TTM | 2025 | 2024 | 2023 | 2022 | 2021 | 2020 | 2019 | 2018 | 2017 | 2016 | 2015 |
|---|---|---|---|---|---|---|---|---|---|---|---|---|
JPM JPMorgan Chase & Co. | 1.84% | 1.72% | 1.92% | 2.38% | 2.98% | 2.34% | 2.83% | 2.37% | 2.54% | 1.91% | 2.13% | 2.54% |
SHW The Sherwin-Williams Company | 1.00% | 0.98% | 0.84% | 0.78% | 1.01% | 0.62% | 0.73% | 0.77% | 0.87% | 0.83% | 1.25% | 1.03% |
Financials
JPM vs. SHW - Financials Comparison
This section allows you to compare key financial metrics between JPMorgan Chase & Co. and The Sherwin-Williams Company. You can select fields from income statements, balance sheets, and cash flow statements to easily visualize and compare the financial health of both companies.
Total Revenue: Total amount of money received from sales and other business activities
JPM vs. SHW - Profitability Comparison
JPM - Gross Margin
Gross margin is calculated as gross profit divided by revenue. For the three months ending on Jun 2026, JPMorgan Chase & Co. reported a gross profit of 47.33B and revenue of 73.66B. Therefore, the gross margin over that period was 64.3%.
SHW - Gross Margin
Gross margin is calculated as gross profit divided by revenue. For the three months ending on Jun 2026, The Sherwin-Williams Company reported a gross profit of 2.78B and revenue of 5.67B. Therefore, the gross margin over that period was 49.1%.
JPM - Operating Margin
Operating margin is calculated as operating income divided by revenue. For the three months ending on Jun 2026, JPMorgan Chase & Co. reported an operating income of 20.48B and revenue of 73.66B, resulting in an operating margin of 27.8%.
SHW - Operating Margin
Operating margin is calculated as operating income divided by revenue. For the three months ending on Jun 2026, The Sherwin-Williams Company reported an operating income of 810.90M and revenue of 5.67B, resulting in an operating margin of 14.3%.
JPM - Net Margin
Net margin is calculated as net income divided by revenue. For the three months ending on Jun 2026, JPMorgan Chase & Co. reported a net income of 16.49B and revenue of 73.66B, resulting in a net margin of 22.4%.
SHW - Net Margin
Net margin is calculated as net income divided by revenue. For the three months ending on Jun 2026, The Sherwin-Williams Company reported a net income of 534.70M and revenue of 5.67B, resulting in a net margin of 9.4%.
Frequently Asked Questions
JPM and SHW have a correlation of 0.34, meaning they provide meaningful diversification benefit when combined. Depending on your allocation goals, holding both could reduce overall portfolio risk.
SHW has higher volatility (9.00%) compared to JPM (6.35%). In terms of maximum drawdown, JPM dropped -76.16% vs SHW's -52.02%.
JPM currently has the higher Sharpe Ratio (1.01 vs -0.40), meaning it's delivered slightly more return per unit of risk over the trailing 12 months. However, this ranking shifts over time - use the Risk/Return Score above for a more comprehensive view that combines Sharpe, Sortino, and other measures used by quantitative funds.
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